American Agape Foundation Inc
- Assets
- $22.5m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 1
- Location
- San Antonio, TX
- Founding
- 01/1989
- Data as of
- 12/2023
- EIN
- 75-2249382
Organization Overview
American Agape Foundation Inc is located in San Antonio, TX. The organization was established in 1989. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Agape Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Agape Foundation Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $8.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, American Agape Foundation Inc has awarded 44 individual grants totaling $18,146,231. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SOCIAL SERVICES TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SOCIAL SERVICES TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Muthana Mohammed Attah Director | Trustee | 1 | $0 |
James Shipley Secretary/di | OfficerTrustee | 1 | $0 |
David Starr President/di | OfficerTrustee | 10 | $0 |
Joanne Woodbury Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Geofill Material Technologies Llc Construction | 12/30/17 | $627,735 |
Network Companies Consulting | 12/30/17 | $215,000 |
Acg Advocacy Legal | 12/30/17 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,123,947 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,123,947 |
| Total Program Service Revenue | $582,321 |
| Investment income | $379,368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,085,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,197,157 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,688 |
| Payroll taxes | $4,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,122 |
| Fees for services: Accounting | $58,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $115,909 |
| Office expenses | $88,573 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,085,764 |
| Travel | $36,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,866 |
| Insurance | $52,536 |
| All other expenses | $0 |
| Total functional expenses | $8,943,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,429 |
| Savings and temporary cash investments | $6,522,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,231 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,484,436 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,910 |
| Net Land, buildings, and equipment | $220,510 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,475,852 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $22,475,852 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,475,852 |
Grants Awarded
Over the last fiscal year, American Agape Foundation Inc has awarded $5,197,157 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE CANAAN TOWERS INC PURPOSE: OPERATING ADVANCE | $843,341 |
AGAPE HIMBOLA MANOR INC PURPOSE: OPERATING ADVANCE | $1,319,859 |
AGAPE RAYMONDVILLE PROPERTIES INC PURPOSE: OPERATING ADVANCE | $8,250 |
AGAPE LAS PALMAS INC PURPOSE: OPERATING ADVANCE | $55,311 |
AGAPE WILLIAMCREST INC PURPOSE: OPERATING ADVANCE | $183,741 |
AGAPE COLINAS INC PURPOSE: OPERATING ADVANCE | $474,965 |